Yuneng Technology Balance Sheet Health
Financial Health criteria checks 6/6
Yuneng Technology has a total shareholder equity of CN¥3.7B and total debt of CN¥506.5M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥4.9B and CN¥1.2B respectively. Yuneng Technology's EBIT is CN¥146.1M making its interest coverage ratio -10.3. It has cash and short-term investments of CN¥2.2B.
Key information
13.7%
Debt to equity ratio
CN¥506.54m
Debt
| Interest coverage ratio | -10.3x |
| Cash | CN¥2.17b |
| Equity | CN¥3.70b |
| Total liabilities | CN¥1.18b |
| Total assets | CN¥4.88b |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Yuneng Technology Co., Ltd. (SHSE:688348)?
Nov 25
Yuneng Technology's (SHSE:688348) Conservative Accounting Might Explain Soft Earnings
Nov 07The Returns On Capital At Yuneng Technology (SHSE:688348) Don't Inspire Confidence
Oct 15Is Yuneng Technology (SHSE:688348) A Risky Investment?
Aug 20Is Now An Opportune Moment To Examine Yuneng Technology Co., Ltd. (SHSE:688348)?
Jul 24Some Investors May Be Worried About Yuneng Technology's (SHSE:688348) Returns On Capital
Jun 27There Might Be More To Yuneng Technology's (SHSE:688348) Story Than Just Weak Earnings
May 06Yuneng Technology Co., Ltd. Just Missed EPS By 38%: Here's What Analysts Think Will Happen Next
May 03Yuneng Technology Co., Ltd.'s (SHSE:688348) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors
Apr 16Yuneng Technology's (SHSE:688348) Returns On Capital Not Reflecting Well On The Business
Mar 19Analysts Just Shaved Their Yuneng Technology Co., Ltd. (SHSE:688348) Forecasts Dramatically
Feb 26Financial Position Analysis
Short Term Liabilities: 688348's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688348's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥123.4M).
Debt to Equity History and Analysis
Debt Level: 688348 has more cash than its total debt.
Reducing Debt: 688348's debt to equity ratio has reduced from 113% to 13.7% over the past 5 years.
Debt Coverage: 688348's debt is well covered by operating cash flow (136%).
Interest Coverage: 688348 earns more interest than it pays, so coverage of interest payments is not a concern.